The ARA Token indicates ownership of the Ara project. To mint ARA tokens, you must add collateral cryptocurrency to the treasury.
Then, developers of the Ara project are getting these tokens by burning their CHECK tokens.
This post lists the supported crypto currencies that you can use to mint ARA or to redeem from treasury by burning CHECK tokens:
- Native coin (Native coin of the blockchain, for example on Ethereum and Layer 2 networks, it's ETH)
- DAI (a stablecoin)